United States Steel (X) Stock Price, News & Analysis

Company Overview

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. This segment serves customers in the service center, conversion, transportation, automotive, construction, container, appliance, and electrical markets. The Mini Mill segment provides hot-rolled, cold-rolled, and coated sheets and electrical steel products. This segment serves customers in the automotive, construction, pipe and tube, sheet converter, electrical, solar industrial equipment, and service center markets. The USSE segment provides slabs, strip mill plates, sheets, tin mill products, and spiral welded pipes. This segment serves customers in the construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing products, as well as standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. It also engages in the real estate business. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Key Stats

• Today's Range: $29.71 to $31.18
• 50-Day Range: $30.14 to $42.31
• 52-Week Range: $26.92 to $48.95
• Volume: 11.08 million shs
• Average Volume: 4.62 million shs
• Market Capitalization: $6.79 billion
• P/E Ratio: 19.83
• Dividend Yield: 0.66%
• Price Target: $42.37
• Consensus Rating: Buy

United States Steel Stock Analysis - MarketRank™

United States Steel scored higher than 89% of companies evaluated by MarketBeat, and ranked 42nd out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

United States Steel has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

United States Steel has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 12.44%

Earnings Growth

Earnings for United States Steel are expected to grow by 12.44% in the coming year, from $2.17 to $2.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of United States Steel is 19.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.78.

Price to Earnings Ratio vs. Sector

The P/E ratio of United States Steel is 19.83, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.35.

Price to Book Value per Share Ratio

United States Steel has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.13% of the float of United States Steel has been sold short.

Short Interest Ratio / Days to Cover

United States Steel has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in United States Steel has recently increased by 3.49%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

United States Steel has a dividend yield of 0.63%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

United States Steel does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of United States Steel is 13.16%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, United States Steel will have a dividend payout ratio of 8.20% next year. This indicates that United States Steel will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.2 / 5
• Environmental Score: -4.31

Percentage of Shares Shorted

8.13% of the float of United States Steel has been sold short.

Short Interest Ratio / Days to Cover

United States Steel has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in United States Steel has recently increased by 3.49%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.18

News Sentiment

United States Steel has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for United States Steel this week, compared to 12 articles on an average week.

Search Interest

54 people have searched for X on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.

MarketBeat Follows

14 people have added United States Steel to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, United States Steel insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.98% of the stock of United States Steel is held by insiders.

Percentage Held by Institutions

81.92% of the stock of United States Steel is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

X Stock Analysis - Frequently Asked Questions

How have X shares performed this year?

United States Steel's stock was trading at $48.65 at the beginning of the year. Since then, X stock has decreased by 38.0% and is now trading at $30.14.
View the best growth stocks for 2024 here.

How were United States Steel's earnings last quarter?

United States Steel Co. (NYSE:X) posted its quarterly earnings data on Thursday, October, 31st. The basic materials company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.41 by $0.15. The firm's revenue was down 13.0% on a year-over-year basis.

Who are United States Steel's major shareholders?

United States Steel's top institutional shareholders include Donald Smith & CO. Inc. (2.10%), Massachusetts Financial Services Co. MA (2.04%), Maven Securities LTD and Geode Capital Management LLC (1.71%). Insiders that own company stock include David B Burritt, Christine S Breves, Scott D Buckiso, Duane D Holloway, Daniel R Brown, Kenneth E Jaycox, Richard Fruehauf, James E Bruno, Manpreet Grewal, Alicia J Davis and Andrea J Ayers.
View institutional ownership trends.

How do I buy shares of United States Steel?

Shares of X stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of United States Steel own?

Based on aggregate information from My MarketBeat watchlists, some other companies that United States Steel investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), General Electric (GE), Broadcom (AVGO), Tesla (TSLA) and Adobe (ADBE).

Company Calendar

• Last Earnings: 10/31/2024
• Ex-Dividend for 12/11 Dividend: 11/08/2024
• Dividend Payable: 12/11/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Blast furnaces & steel mills
• Sub-Industry: Steel
• Current Symbol: NYSE:X
• CUSIP: 91290910
• CIK: 1163302
• Web: www.ussteel.com
• Phone: (412) 433-1121
• Fax: 302-674-5266
• Employees: 21,803
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $42.37
• High Stock Price Target: $49.00
• Low Stock Price Target: $38.57
• Potential Upside/Downside: +40.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.52
• Trailing P/E Ratio: 19.83
• Forward P/E Ratio: 13.89
• P/E Growth: N/A
• Net Income: $895 million
• Net Margins: 2.41%
• Pretax Margin: 2.41%
• Return on Equity: 6.01%
• Return on Assets: 3.34%

Debt

• Debt-to-Equity Ratio: 0.35
• Current Ratio: 1.67
• Quick Ratio: 1.08

Sales & Book Value

• Annual Sales: $16.28 billion
• Price / Sales: 0.42
• Cash Flow: $8.37 per share
• Price / Cash Flow: 3.60
• Book Value: $49.79 per share
• Price / Book: 0.61

Miscellaneous

• Outstanding Shares: 225,171,000
• Free Float: 222,964,000
• Market Cap: $6.79 billion
• Optionable: Optionable
• Beta: 1.83